asian development bank
ADB cuts India's GDP growth forecast to 7 pc for FY20; fastest growing major economy tag remains
For the south Asia, ADB said outlook remains robust, with growth projected at 6.6 per cent in 2019 and 6.7 per cent in 2020.
ADB approves Rs 1,650 cr infrastructure projects in Tripura
The project will be taken up in Khowai, Ambassa, Dharmnagar, Kailashahar, Udaipur, Bishramganj and Belonia.
Pakistan to get USD 3.4 billion in budgetary aid from Asian Development Bank
The ADB financing would come on top of the IMF loan, with most of the funds to be disbursed in the current fiscal year.
ADB should expand private sector operations: Subhash Chandra Garg
Economic Affairs Secy said there is a need for ADB to focus on strengthening human capital and develop social safety nets.
India for ADB-led mechanism for channeling funds from rich to developing nations
Amidst the continued global uncertainty, Asia retains the hope of a bright future, said Subhash Chandra Garg.
ADB committed highest-ever USD 3 billion in sovereign loans to India in 2018
Manila-headquartered ADB committed several projects in India, including in Bihar, HP, MP, Karnataka, Tamil Nadu, Assam and Odisha.
ADB to provide Rs 6,500 crore for metro
Once operational by the end of 2022, an estimated 2 million passengers a day will use the two new lines, travelling in improved safety and comfort.
Corporate debt ominous: Asian Development Bank
ADB website claimed that 12 out of 26 financial crisis in emerging market economies between 1970 and 2014 were corporate driven.
ADB enters an arrangement with World Bank for co-financed projects
In 2017, ADB operations totalled USD 32.2 billion, including USD 11.9 billion in co-financing.
‘Carbon sink’ Bhutan counts the cost of plans for a greener future
Under its 11th five-year-plan, Bhutan aims to reduce “substantially” its forest fuel imports by 2020.